ASI Market Report

Market Summary, Week ending May 18, 2018


Feeder Prices ($/cwt.), San Angelo: 40-60 lbs. $194-$213; 60-90 lbs. $190-$198.

Slaughter Prices – Live, negotiated, 132-214 lbs. $152.25 per cwt.

Slaughter Prices – Formula, 87.80 lbs. carcass weight $275.95 per cwt.

Slaughter Prices “Comprehensive Information”–-Formula & Negotiated, 87.32 lbs. carcass weight $280.58 per cwt.

Equity Electronic Auction, No sales.

Cutout Value/Net Carcass Value (1), $332.61 per cwt.

Carcass Price, Choice and Prime, YG 1-4, weighted average prices ($/cwt.), No prices reported.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4” Loins 565.43, Rack, roast-ready, frenched (cap-on) 1,621.35, Rack, roast-ready, frenched, special (cap-off) 2,068.03, Leg, trotter-off, partial boneless 518.58, Shoulder, square-cut 280.19, Ground lamb 568.98.

Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) 1,068.50, AUS Shoulder (fresh, square-cut) 313.01, AUS Leg (fresh, semi boneless) 411.85, AUS Rack (frozen, frenched, cap-off, 28 oz/up) 1,079.07, NZ Rack (frozen, frenched, cap-off, 20 oz/up) 1,045.73, AUS Shoulder (frozen, square-cut) 269.89.

Exported Adult Sheep, 330 head

Wool, ($/pound clean), delivered FOB, From 2 weeks ago: Territory States- 21 micron (Grade 64-70s) $6.00, 22 micron (Grade 64s) $5.90, 23 micron (Grade 62s) $5.49, 24 micron (Grade 60-62s) $5.40.

Australian Wool, ($/pound clean), delivered FOB, 18 micron (Grade 80s) 6.34-7.19, 19 micron (Grade 80s) 5.77-6.54, 20 micron (Grade 70s) 5.61-6.36, 21 micron (Grade 64-70s) 5.57-6.32, 22 micron (Grade 64s) 5.53-6.26, 23 micron (Grade 62s) 5.47-6.20, 24 micron (Grade 60-62s) 5.09-5.77, 25 micron (Grade 58s) NA, 26 micron (Grade 56-58s) 3.68-4.17, 28 micron (Grade 54s) 2.69-3.05, 30 micron (Grade 50s) 1.93-2.18, 32 micron (Grade 46-48s) 1.25-1.42, Merino Clippings 3.79-4.29.

(1) The cutout value is the same as a net carcass value. It is a composite value that sums the value of the respective lamb cuts multiplied by their weights. It is also the gross carcass value less processing and packaging costs.